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PIA DEBT
After two failed attempts, Pakistan tries a third time to sell flag-bearer PIA with more offersPakistan is making another attempt to privatize Pakistan International Airlines (PIA), offering up to 100% ownership and management control...25 Apr, 2025, 10.24 AM IST- Pak authorities make fresh effort to sell cash-strapped PIAPakistan is making another attempt to privatise Pakistan International Airlines (PIA) after a failed effort last year. The Privatisation Co...18 Apr, 2025, 10.09 AM IST
- Pakistan's national airline posts first annual profit in two decadesPakistan International Airlines (PIA) has reported its first annual profit in over two decades, achieving PKR 9.3 billion in operating prof...09 Apr, 2025, 11.43 AM IST
- Oversees Pakistani group Al Nihang offers to acquire debtridden Pakistan's national airlinesAl-Nihang, a Pakistani group based overseas, has submitted a bid of PKR 100 billion to acquire Pakistan International Airlines (PIA). The o...09 Nov, 2024, 10.08 AM IST
- Pakistan's effort to privatise national airline gets sole bidder offering lower than govt-set minimum pricePakistan's attempt to privatise Pakistan International Airlines drew minimal interest. Only Blue World City made a bid of Rs 10 billion for...31 Oct, 2024, 09.57 PM IST
- Pakistan Airlines closes offices in Islamabad ahead of SCO Meeting citing 'security reasons'Pakistan International Airlines (PIA) will close its Islamabad offices from October 14 to 16 for security measures ahead of the SCO Summit....13 Oct, 2024, 01.27 PM IST
- Pakistan International Airlines staff forgets to put boy's body on aircraft: ReportNegligence by Pakistan International Airlines staff led to protests and outrage after a six-year-old boy's body was left behind at the airp...11 May, 2024, 06.02 PM IST
- PIA bars pilots and cabin crew from fasting during Ramzan while on dutyPIA prohibits fasting for pilots and crew during flights in Ramzan due to dehydration risks. The Aircrafts Investigation Board attributed a...14 Mar, 2024, 02.40 PM IST
- Pakistan approves plan to sell PIA airline on eve of electionPakistan's caretaker cabinet has granted approval for the privatisation of the financially struggling Pakistan International Airlines (PIA)...07 Feb, 2024, 10.20 AM IST
- Flag carriers of India’s neighbours are dangerously close to crisis — can they be rescued?Delays in plane and engine deliveries are giving airline CEOs across the world sleepless nights, as they try to cope with a rapid bouncebac...10 Jul, 2022, 12.19 PM IST
- Turbulence faced by Pakistan's national air carrier reflects state of Pak economyPakistan International Airlines (PIA) net loss of Rs. 19.26 billion, increased by 54.08 percent in 2020 compared with the last year.26 Dec, 2020, 12.31 PM IST
- Deadly Pakistan jet crash puts PIA's toxic culture in spotlightThe malaise at the airline stems from frequent labour strife, changes in leadership — the airline has had six chief executive officers in f...05 Jun, 2020, 08.04 AM IST
- Pak govt approves Rs 1,700 crore bailout package to keep PIA afloatIt is the first bailout package approved by the government of Prime Minister Imran Khan, who is also the minister in charge of the Aviation...13 Nov, 2018, 01.49 PM IST
- PIA flights cancelled, employees' strike enters second dayPIA has been running into losses for years and government says it was not possible to turn around it with the current system of management.03 Feb, 2016, 03.31 PM IST
- Realty PE arm of ASK raises Rs 1,000 crore from HNIs, family officesThe fund raised from family offices and high-net worth individuals will be deployed in residential properties across six cities in India, i...01 May, 2015, 06.01 AM IST
- Pakistan aims to earn $ 4 billion though privatisation of SOEsPakistan aims to raise $ 4 bn by selling some key state-owned enterprises, including national carrier PIA, to repay its debt & ameliorate p...07 Nov, 2014, 07.11 PM IST
- DLF to seek shareholders' nod over fresh equity on April 4DLF today said an extra-ordinary general meeting will be held on April 4 to take shareholders' approval for sale of fresh equity shares.07 Mar, 2013, 09.29 PM IST
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